Ethereum price needs the positive momentum – Analysis - 23-07-2018

Ethereum price shows sideways trading as appears on the chart, and the price needs to get rid of the current negative momentum and gain enough positive momentum to push trades to continue the expected bullish trend on the intraday basis, which depends on the price stability above 420.00, as breaking this level will push the price to resume the main bearish trend again.

Note that breaching 496.00 will ease the mission of heading towards our main expected target at 609.65.

Expected trading range for today is between 420.00 support and 510.00 resistance

Expected trend for today: Bullish